Dec 9, 2012 7:00am PST
. >>> jews all over the world are celebrating hanukkah in. new york city they kicked it off with a lighting in central park. organizerings rode a crane to a 32-foot tall menorah. the lamps are enclosed in glass with chimneys to protect them from the wind. it weighs nearly 2 tons. hanukkah is the eight day holiday marking the dedication of the holy temple in jerusalem. >>> negotiations seem to be stalled in our nation's capitol. what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress. >> a unique moment in history where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solve advancecy.
Dec 9, 2012 1:00pm PST
obama's shoulders. now, bringing in john leboutillier, former congressman from new york, and pat caddell, former pollster for jimmy carter, and doug schoen, a former pollster for bill clinton. gentleman, here is speaker boehner, at the white house, talking to the president today, two days after he said, well, it has been a wasted week. >> it has been a wasted week. the republicans are divided. as the poll numbers suggest very clearly, the republican brand is weak weakening. i believe they are trying to put together something to avoid going over the cliff. speaker boehner has asserted his control over a fractured caucus and bottom line, it remains to be seen whether they can get a deal but i read in the statement, which was identical from the white house and from speaker boehner, they are looking for something big, not small. >>gregg: big would be, the grand bargain that 16 months ago they were on the precipice of and suddenly it didn't happen, so... >> part of the reason it didn't happen speaker boehner was told by the majority leader, cantor, allied with the tea party faction in the hou
Dec 9, 2012 8:00am PST
for the energy and commerce committee. good to see you in person. welcome to new york. >> who do you think is going to blink? president obama says he wants the tax hikes to go up on the wealthy. >> we both better get together and come up with a solution. that's what the american family wants. all the other issues, we have to remember, it's what takes place, not at the 30,000 foot level, but at the kitchen table level. that's where the people are very concerned. will they have a job tomorrow? will their children have a job in the future? that means we have to deal with the deficit and the spending. we cannot continue to do this. the president's issue of unlimited power to raise the deficit, whenever he wants is like taking the brakes off the car and hitting the accelerator as we are head to the cliff. the republicans have offer someday things to deal with the revenue. the president has. these are the discussions that go on and on. we have to solve that. >> eric: overall, the deficit, the spending, $16 trillion, it goes up and up and and up. it affects us, our children, our grandchildren. wh